Roubini Global Economics’s Kevin Harris, Director of RGE’s North America team, spoke yesterday to Bloomberg Radio anchors Tom Keene and Michael McKee about the U.S. economy, helicopter money, and the Fed. http://assets.bwbx.io/av/users/iqjWHBFdfxIU/vo1BpjbxlL3Q/v2.mp3 The interview with Kevin begins here at the 4:20 mark. Be sure to stay tuned until the last 30 seconds when Kevin […]

I fail to get the point of this piece by Kenneth Rogoff on Bernanke’s press conference. What is the need for this homage to Bernanke? Intellectual Capture? Also, Ken Rogoff’s piece reminded me of this piece in Huffington Post.

This blog post by Barry Ritholtz on why Shiller was defending fellow economists is definitely worth a read as are some of the older posts that he offers you, on the same topic. I guess, in the end, answers to the question of why Shiller was defending fellow economists has to be found in institutional tyranny, the need to belong to the herd, etc.